The Galician banking corporation Abanca confirmed it had sold most of the fishing processing conglomerate of Nueva Pescanova to the Canadian corporation Cooke Seafood Inc.<br />
Nueva Pescanova is the name of the defunct Galician Pescanova company recovered by Abanca, after it surfaced the company was indebted in over 500 million US dollars which ended with several of the original owners jailed for fraud and fake accountancy.
The new Fishery Patrol Vessel, FPV Lilibet is due to arrive into Port William over the coming weekend. Her arrival has been delayed due to the Captain making the decision to assist a vessel in need during a storm. FPV Lilibet was stood down by the regional MRCC once a Taiwanese vessel confirmed that they could reach the vessel earlier than FPV Lilibet.
A research expedition in the South Atlantic to further explore the oceanographic fishing scenario around the South Georgia Islands ended “satisfactorily” despite the “extreme” hydro-meteorological, environmental, and topographic conditions of the area, the Argentine Foreign Ministry and the Ministry of Science, Technology, and Innovation (MINCyT) announced this week.
Fisheries authorities in the Falkland Islands have said that 2022 was a bumper year for the squid and hake fishing fleets licenced by the territory. Sixteen ships caught a remarkable 101,166 tonnes of loligo squid; a catch that was exceeded only in 1989 when 118,120 tonnes were landed, although that record catch was achieved by almost three times as many ships.
US Coast Guard Cutter USCGC Stone arrived Sunday in Uruguay as part of her South Atlantic tour to reduce illicit maritime activity and conduct joint exercises with Uruguay's Navy. The vessel's deployment seeks to develop partnerships and increase US interoperability with South American nations to combat illegal, unreported, and unregulated fishing.
Giant squid, squid or Dosidicus gigas, measures up to 3 meters in length and can reach 50 kilos in weight. It is one of the main species of the southeastern Pacific Ocean and at the same time it is one of the species with the greatest commercial pressure in the world. Thousands of tons are extracted every month, a large part, from the international waters located off the seas of Ecuador, Peru and Chile. The main player behind that voracious appetite is China: it has a declared fleet of 671 ships.
Scottish salmon was the UK’s biggest food export in 2022, new HMRC figures have revealed. Sales of the fish have grown reaching £578million (US$ 696 million) in the calendar year, with France leading the global demand.
Argentine fisheries exports dropped 8,4% last year, to US$ 1,804bn because of lower prices and a retraction in demand from the main markets, according to Capeca, the Chamber of fishing vessels' annual report. Not to mention the Argentine monetary policy with the great exchange rate gap between the official US dollar price and the free market.
Over a hundred jiggers have crossed from the Pacific to the Atlantic through the Magellan Strait reports the Chilean navy responsible for monitoring and safe navigation along the waterway.
As the vessels catching Loligo squid leave Spain for the Falkland Islands, a leading newspaper from Vigo, closely linked to the Galician fishing industry lobby, El Faro de Vigo, praises the management of the Falklands fisheries, and catch results, but also complains about the cost of licenses, particularly since Falklands' Loligo entering the European Union is subject to tariffs. The piece on Falklands fisheries follows,